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2011 Kentucky Revised Statutes
CHAPTER 275 LIMITED LIABILITY COMPANIES
275.505 Approval of plan of share exchange.


KY Rev Stat § 275.505 (1996 through Reg Sess) What's This?
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275.505 Approval of plan of share exchange. (1) (2) Unless otherwise provided in a written operating agreement, the plan of share exchange described in KRS 275.500 shall be considered for adoption by the members of the limited liability company. Each business entity that is a party to the share exchange shall approve the plan of share exchange in the manner and by the vote required by the laws applicable to the business entity. Effective: July 15, 2010 History: Repealed and reenacted 2010 Ky. Acts ch. 51, sec. 6, effective July 15, 2010. - Created 2007 Ky. Acts ch. 137, sec. 6, effective June 26, 2007. Legislative Research Commission Note (7/15/2010). 2010 Ky. Acts ch. 51, sec. 183, provides, "The specific textual provisions of Sections 1 to 178 of this Act which reflect amendments made to those sections by 2007 Ky. Acts ch. 137 shall be deemed effective as of June 26, 2007, and those provisions are hereby made expressly retroactive to that date, with the remainder of the text of those sections being unaffected by the provisions of this section."

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